WebJun 25, 2024 · For all other borrowers, the amount of loan forgiveness requested for owner-employees and self-employed individuals’ payroll compensation is capped at 2.5 months’ worth (2.5/12) of 2024 compensation (i.e., approximately 20.83 percent of 2024 compensation) or $20,833 per individual, whichever is less, in total across all businesses. WebPaycheck Protection Program PPP Loan Forgiveness Application Form 3508S Revised January 19, 2024 OMB Control No.: 3245-0407 Expiration Date: 7/31/2024 A BORROWER MAY USE THIS FORM ONLY IF THE BORROWER RECEIVED A PPP LOAN OF $150,000 OR LESS Business Legal Name (“Borrower”) DBA or Tradename, if applicable

Paycheck Protection Program (Gehaltsscheckschutzprogramm)

WebMay 18, 2024 · To qualify for the EZ application one of the following must apply: 1. The Borrower is a self-employed individual, independent contractor, or sole proprietor who … WebJun 22, 2024 · Jun 22, 2024. The Small Business Administration (SBA) and Department of Treasury recently released a streamlined loan forgiveness application called the EZ Forgiveness Application. This newly … genetic testing for nsclc

EZ Forgiveness Application Released GTM Business

WebMar 17, 2024 · The SBA created two versions of the Forgiveness Application for loans over $150,000: an EZ Application, and a Full Application. There are specific qualifications which must be met to qualify for the streamlined, EZ Application. If you don’t qualify for the EZ Application you must complete the Full Application. WebMay 18, 2024 · The U.S. Department of Treasury released revised PPP loan forgiveness applications on June 17th in response to changes enacted by the Paycheck Protection Program Flexibility Act of 2024. In doing so, Treasury has simplified the application process and has provided two separate applications, including an EZ application. WebJun 17, 2024 · Here's whats you needing to learn about the new PPP Forgiveness Claim EZ to make applying for forgiveness for your PPP loan easier. death star review